Entrepreneurship is the practical art of creating a new organization, whether for-profit or not-for-profit, whether as independent start-up or an internal venture. In simplest terms, entrepreneurship involves the organization of human, financial, technical, and other resources for the production of valuable goods and services.

The first step in the process is development of a credible business plan. In this course, you will work in teams to discover an idea for a valuable product or service and to research and write a complete business plan. You will draw on every skill you have learned in business school to date, and you will learn to apply your skills entrepreneurially, i.e., with limited time and few resources. At the end of the semester, you will present your plan to a panel of entrepreneurs and investors for their review and critique.

The course is designed for students who might wish to try an entrepreneurial path, whether immediately after graduation or later in their careers, as well as any student who might find themselves involved in an internal corporate venture or tasked with evaluation of smaller companies from an acquisition perspective. This includes practically everybody. New business planning is today a fundamental skill for all managers. The only requirement for admission to this course is a willingness to work hard and to take the business-planning process seriously.

Credits: 1.75

Prerequisites: MBA students only

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